VOY Advises Planet A on Seed Investment in one.five
VOY's Johannes Steinacher has advised Planet A Ventures on their investment in the biomaterials startup one.five.
one.five raised EUR 10.5M to transform the packaging industry and replace single-use plastics.
The Seed financing round was led by a syndicate of investors including Planet A Ventures, Speedinvest, Green Generation Fund, Climentum Capital, Revent, and WEPA Ventures.
About Planet A:
Planet A is an investment fund partnering with European green tech start-ups that have a significant positive impact on our planet while building scalable businesses globally.
Its mission is to contribute to an economy within the planetary boundaries. The investment focus is on innovation in four key areas: climate mitigation, waste reduction, resource savings and biodiversity protection.
As the first European VC investor, Planet A offers scientific impact assessments to support our investment decisions and empower founders to manage and improve their impact. Investments include Traceless, Ineratec, Wildplastic, C1, one.five, good carbon and Makersite.
one.fıve was founded by Martin Weber (former CFO of vertical indoor farming unicorn Infarm) and Claire Hae-Min Gusko (previously Head of Business Strategy at Infarm). The Hamburg-based startup plans to tackle the highly pollutive USD 1 trillion packaging market, reducing carbon emissions with their biomaterials by up to 76%.
The team aims to discover and commercialize biomaterials to provide customized, cleaner, and circular packaging solutions and to integrate these into existing consumer packaging value chains. The initial focus is on high-performance, functional coatings for paper-based packaging solutions. Following this financing round, one.fıve has announced to launch a replacement for non-recyclable multi-layer single-use sachets targeting specifically the Asian market.
VOY is a law firm and tax consultancy for founders and investors creating a digital client experience that focuses on additional value with direct and uncomplicated legal advice of the highest quality.